Every year they keep tweaking it higher like clockwork.. I feel bad for them. The 500 billion they made last year is barely enough to keep food on the table.
Nobody cares about those stocks any more.. As long as Apple and Amazon are going up, indexes can't go down.. It's a fantastic new world, and remember, this time is different!!! :)
Look up mania in the dictionary.. and they will point you to this market. Most amazing thing I've ever seen.. Now today tesla blows through 2000. It is up 50% in last 7 sessions for no reason other than announcement of stock split. Maybe this time is different, and it's easy for everyone to...
Why would you be happy about a parabolic up market? I don't seem to remember any parabolic up markets that ended well :) Seems like it would be better for bulls to grind slowly higher without going too insane. Sadly, we are way beyond being able to do that any more.
So XLF is down 1.8% today .. which is far worse than Nasdaq, Dow, or S&P.. I guess I'm confused on how that is looking very good? I would think you would want to see it the other way around if you think financials are leading the way up.
Actually.. last week didn't hurt at all.. Market did exactly what it needed to do.. Dragged in as many new suckers as possible before the next down wave starts.. I shorted Dow and S&P Thursday and will stick with them until new all time highs or new lows .. Which do you think has a better...